Shaikan Payment Update Gulf Keystone Petrol Shaikan Payment Update RNS Number : 2072T Gulf Keystone Petroleum Ltd. 19 March 2019 19 March 2019 Gulf Keystone Petroleum Ltd. (LSE: GKP) (“Gulf Keystone”, “GKP” or “the Company”) Shaikan Payment Update Gulf Keystone confirms that a gross payment of $15.0 million ($11.7 million net to GKP) has been received from the Kurdistan Regional Government for Shaikan crude oil sales during December 2018.
The Board MikeyAdmin: but instead I will be having a lie in most mornings, relaxing & enjoying working on my bike to getting it finished and ready for the summer. Obviously it’s bugger all to do with me, but I read this a few months ago and, though I don’t know you from Adam, I was pleased that you seemed to have realised that opening auctions, daily volumes and the rest aren’t important ( unless you’re trading on small movements ). I’m sure over the years, people have found the stuff you’ve regularly posted useful, but, to be brutally honest, it all made no difference. GKP is now a mature’ish company, with cashflow and all the other things which make it relatively straightforward to value, so I hope you get your bike sorted out, get out and about on it over the summer and find time to smile and be happy BB ( a shareholder many years ago, but have no interest in it one way or the other these days )
Closing Prices Close . . . . 251.50 Open . . . . 250.00 Low . . . . . 249.0001 . . . 08.03.50 . . OT Low AT . . 250.00 . . . . . .08.03.49 . . AT High . . . . .256.50 . . . . . .08.46.40 . . AT MD Auc . . 460 @ 254p LSE Vols . . . . 524,379 . . . 271 trades AT trades . . . 160 . . 59.04% . . OT trades . . . 111 CP . . . 34,913 Today on the forth kick my Bike burst into life.
Sale Price Survey Just flag him as spam Pip, its the only way III will take any notice.
Standard list obligations Do they know at Cherry Tree Washing Machines this is what you’ve become? Or wouldn’t it surprise them, given the rate of BS you pump out on a continuous basis?
Level 2 Close . . . . 251.50 Open . . . . 250.00 Low . . . . . 249.0001 . . . 08.03.50 . . OT Low AT . . 250.00 . . . . . .08.03.49 . . AT High . . . . .256.50 . . . . . .08.46.40 . . AT Full 185,787-----202,622 42----46 LSE Vols . . . . 156,391 . . . 86 trades AT trades . . . 41 . . 46.67% OT trades . . .45 Spread 254-----255 . . Mid 254.5p Tiny dip at the Opening and after then just a steady climb to a 256.5 high trade. The Book Vols at 185,787----202,622 are slightly negative which explains to low Auto Vols. After the DMM’s Liquidity call down to 166.2 finished on the 19th Dec 2018, the rise closed out at 251.5 last Friday, then the Book Volume changed, which says to me it looks like the DMM’s are happy with a price around 255p for now.
Total bought Maersk Analysts from Raymond James said the value of the deal appeared fair with Total paying $13.4 per barrel of reserves – in line with what Royal Dutch/Shell paid to acquire its rival BG in the biggest oil transaction of the past decade in 2015.
Standard list obligations As we wait for the Sale RNS today, Tuesday or latest Mar 28,ponder GKP newsflow. If like DNO and Genel who long since stopped reporting payment receipt since Kimberley’s appt RNS last September there would only have been 3 RNS in 6 months. If they had announced “FY results” in the fashion they always had in Jan update there would have been just 2! If they had not issued a Corporate and operational update 2 weeks prior to alleged results day Mar 28 which has never occurred before,there would have been just 1 in 6 months!!! Its utter lock down prior to sale announcement.
Standard list obligations No actually
Standard list obligations Paul. Do you remember last time you were here talking tosh on a daily basis, and you created an identity that bragged to have just ‘got in at 297p’, only to be immediately banned like all your other pseudonyms? How’s that buy gone for you so far?
Standard list obligations Let’s see what happens Nest A FY report covers a great deal and if it’s over as I believe it is then a sale with dec31 2018 the watershed is the go In which case a delist would be desirable to obviate the need to put ANY more info in public domain
Standard list obligations The Chinese have just promised Baghdad to invest £10 bill in Iraq , could this be a balance for the amount they are about to invest in GKP? The point made about April 30th & not having to make reserve public and the new FDP is nonsense as they have always hid the truth from us anyway , oil fields are under ground it is easy to do.
Standard list obligations geronimo: company must be delisted by April 30 Ok, and if this time it doesn’t happen as usual with ALL your previous predictions would you please make an oath to stop this nonsense afterwards until something gets officially published? I doubt it, but I can try! You need to understand that Shaikhan, no matter how “big” and “world class” it is, still in (2) a landlocked country which is (2) governed by the KRG which in term is (3) in dispute with the federal government in Baghdad. And this has a lot of implications! One of them: reluctance of the big IOC to buy it .
Standard list obligations Regards FY reports standard list companies have to report within 4 months year end for GKP April 30. A company sale would be delivered via a SCHEME OF ARRANGEMENT Such schemes are almost always friendly and provide buyers with certainty. IF the buyers and MNR wish to keep new CPR FDP reserves etc out of public domain then company must be delisted by April 30, meaning IF that is the case the scheme timetable is 40/41 days from announcement to delist Its March 18 Do the maths
Level 2 Spread 254.5-----256 . . mid 254.75 BMCM @ 257 on the Ask High Trade . . 256.5